Reuters began the rumors early last month when it cited analysts as saying that Verizon was likely to ditch the unlimited option and switch to a tiered pricing scheme. Now Engadget is claiming that this prediction was correct and that its sources say that a tiered pricing scheme will likely land by July 29.

The report says that the pricing scheme will likely be around that offered by AT&T ($25 for 2GB, $15 for 200MB). That would mean that Verizon users would ultimately be paying more per MB than they are currently.

All indications are that T-Mobile and Sprint, though, have no intentions of following Verizon and AT&T into the world of capped connections. Sprint is instead opting to charge users a small premium ($10) on its 4G connections -- T-Mobile may adopt that alternative approach as well.

Will customers embrace AT&T and Verizon's tiered, capped data plans? Or will they rebel and jump to Sprint and Verizon and agree to pay a nominal fee if they want their data to be transferred at faster rates? Only time will tell, but it should be interesting to watch for whether Verizon officially airs a tiered smart phone data scheme.

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